Living in Suwanee
Living in Suwanee
Suwanee is a medium-sized city located in the state of Georgia. With a population of 19,421 people and nine constituent neighborhoods, Suwanee is the 61st largest community in Georgia.
Suwanee real estate is some of the most expensive in Georgia, although Suwanee house values don’t compare to the most expensive real estate in the U.S.
Suwanee is a decidedly white-collar city, with fully 89.92% of the workforce employed in white-collar jobs, well above the national average. Overall, Suwanee is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Suwanee who work in management occupations (17.07%), sales jobs (12.38%), and office and administrative support (11.37%).
Also of interest is that Suwanee has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 9.37% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Suwanee is a great place for families with children to consider. First of all, many other families with children live here, making Suwanee a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Suwanee has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Suwanee’s overall crime rate is lower than average for the country.
In Suwanee, however, the average commute to work is quite long. On average, people spend 31.91 minutes each day getting to work, which is significantly higher than the national average.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Suwanee. 51.07% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Suwanee in 2010 was $33,713, which is wealthy relative to Georgia and the nation. This equates to an annual income of $134,852 for a family of four. However, Suwanee contains both very wealthy and poor people as well.
Suwanee is an extremely ethnically-diverse city. The people who call Suwanee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Suwanee residents report their race to be White, followed by Asian. Suwanee also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.49% of the city’s residents. Important ancestries of people in Suwanee include German, Irish, Italian, and European.
In addition, Suwanee has a lot of people living here who were born outside of the US (18.10%).
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What are Absorption Rates and Why should you know them?
The absorption rate is the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the average number of sales per month by the total number of available homes.
Cost per sale decrease
Coversion rates increase
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